There is a descending channel arising, the price expects a more active bullish action to confirm descending channel breakout.
A descending channel often predicts the more likely potential of rising prices if price breaks through the resistance.
LTC/USD to push up to the 85 mark as LTC/USD challenges 84.4 hurdle.
Litecoin: Ascending Triangle
LTC/USD,
1 hour
LONG
Jun 23
It seems like an ascending triangle is identified.
An ascending triangle is a useful bullish signal that typically results in a bullish move if price breaks out.
LTC/USD to jump to 88 on a break above 87.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
May 14
A descending channel is found and the price requires a more bigger bullish move to confirm a breakout.
A descending channel represents a bullish price indicator that is used to signal a change in the prevailing trend once price breaks out to the the upside.
A bullish run towards the 81 mark is probable on a upside break.
Litecoin: Bearish Flag
LTC/USD,
1 day
SHORT
Jun 8
As we can see a bearish flag is close to being complete, the price breaks out.
A bearish flag is a specific price formation that is used to identify that the price to go down when price breaks out.
A bearish continuation to 82 looks possible on a breach of 83.
Litecoin: Pennant
LTC/USD,
1 hour
SHORT
May 12
A pennant comes out.
A pennant provides a technical bearish chart signal that can be used to indicate that the price to go down in case if price breaks out to the the downside.
There is a probability of extra downside towards 81 as extra rangebound not ruled out.
Litecoin: Bullish Flag
LTC/USD,
1 hour
LONG
Mar 22
We can see that LTC/USD establishes a bullish flag and LTC/USD requires a steady impulse up to confirm a breakout.
A bullish flag signals a next move up once price breaks out.
LTC/USD to strengthen towards 83 on a breakout of the bullish flag.
Litecoin: Falling Wedge
LTC/USD,
1 hour
LONG
Jul 23
It looks like a falling wedge turns up, the price breaks out now.
A falling wedge typically indicates a bullish price action when price breaks through the resistance.
There is a probability of a bullish push up to 73.
Litecoin: Rectangle
LTC/USD,
1 hour
SHORT
Jun 24
A rectangle is very close to being finished.
When price collapses through the support line, the move could spot the more likely potential of falling prices.
LTC/USD looks for a setback to 73 on a breach of 73.6 as gains remain capped.
Litecoin: Bearish Flag
LTC/USD,
1 hour
SHORT
May 8
There is a bearish flag revealed and the price requests strong push down to confirm a breakout.
A bearish flag depicts a technical bearish price formation that has an upward slope that often indicates a bearish move in case if price breaks down.
There is a chance of a move to the 83 level.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
May 28
We can see that an ascending channel is very close to being completed, the price lacks a next bigger bearish move as a clue of a breakout.
In case if price breaks below support, the move could predict a further move down.
LTC/USD looks for a setback towards the 84.5 mark.
Litecoin: Descending Channel
LTC/USD,
4 hours
LONG
Jun 18
There is a descending channel spotted, LTC/USD requests a next strong move as proof of a breakout.
A descending channel depicts a reliable price indicator that spots a downward trend is about to reverse into an upnward trend when price breaks out to the the upside.
LTC/USD violates bearish trendline towards the 80 mark while above 77.5.
Litecoin: Descending Triangle
LTC/USD,
1 hour
SHORT
Sep 15
It seems like LTC/USD establishes a descending triangle and the price requires a bearish action as a sign of a breakdown.
If price breaks out to the the downside, the move could signal prices are likely to keep falling downward.
LTC/USD to extend its setback towards 64.5 as LTC/USD becomes under pressure.
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Litecoin · LTC/USD